Snap Stock- Snap-On Inc. stock rises Wednesday, still underperforms market
Shares of Snap-On Inc.
inched 0.17% higher to $252.15 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.19% to 4,195.99 and the Dow Jones Industrial Average
rising 0.03% to 34,323.05. Snap-On Inc. closed $7.84 short of its 52-week high ($259.99), which the company achieved on May 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Illinois Tool Works Inc.
fell 1.10% to $230.02, Stanley Black & Decker Inc.
rose 0.21% to $212.64, and Makita Corp. ADR
rose 0.64% to $46.08. Trading volume (330,135) remained 52,933 below its 50-day average volume of 383,068.